Edited by Alain Fayolle, Paula Kyrö, Tonis Mets and Urve Venesaar
Chapter 6: Entrepreneurship education and metacognitive awareness: development of a tool to measure metacognitive awareness
Development of the necessary entrepreneurial skills in students has been focus for many entrepreneurship scholars. It has been proposed that entrepreneurial outcomes and success are affected by both cognitive (Baron, 2004) and contextual factors (Welter, 2011), along with entrepreneurial competencies involving different attitudes, knowledge and skills (Man and Lau, 2005). At the same time, findings of Henry, Hill and Leitch (2005a)share the view that entrepreneurial skills can be taught and that there exists a positive correlation between deep, strategic learning approaches and academic performance (Backhaus and Liff, 2007). Indeed, over the last decades scientific discussions concerning the ways of improving the level of entrepreneurial abilities have increasingly been related to metacognition (Batha and Carroll, 2007; Veenman et al., 2006) and metacognitive awareness (Haynie and Shepherd, 2009; Schraw, 1998). Moreover, people’s increased awareness about their own thinking patterns correlates with greater success both in entrepreneurship (Ku and Ho, 2010) and academic settings (Young and Fry, 2008). It has also been proposed that students having more metacognitive knowledge perform better in the context of critical thinking (Magno, 2010).
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